Wohnungsbaugenossenschaft Schwedt EG

What Wohnungsbaugenossenschaft Schwedt EG does

Wohnungsbaugenossenschaft Schwedt EG (WOBAG Schwedt eG) is a member-owned housing cooperative (Genossenschaft) registered in Schwedt/Oder, Brandenburg, Germany, founded in 1959 as Arbeiterwohnungsbaugenossenschaft "Friedenswacht." It is the largest housing cooperative in the Uckermark region, managing approximately 4,287 apartments for roughly 4,580 cooperative members under a democratic governance model with a 61-member Vertreterversammlung elected across six districts.

Core operations center on residential rental of cooperative-owned apartments (1–7 rooms, up to ~150 m²) at rents of approximately 3.60–10.00 EUR/m²/month, supplemented by specialized housing programs including apprentice housing (Azubi-Wohnen at 3.60 EUR/m²), senior co-living and palliative/intensive care WGs (with partners Volkssolidarität Uckermark and pro-Intensiv GmbH), and furnished second residences for commuters (Z(w)eitwohnungen from 550 EUR/month). Technology and infrastructure investments include 2,000+ solar PV modules across ten properties, geo/solar thermal systems at Lindenquartier, LED retrofit, balcony PV approval frameworks, smart thermostats, and a live stork webcam (Storchenkamera "Flinky"). Member services encompass a quarterly tenant newspaper "Hausgemacht," a MehrGenerationenHaus community center, a Seniorentreff, a 24/7 emergency repair service, and recurring member events.

The business model is subscription-recurring residential rental, with cooperative membership shares (155 EUR plus 25 EUR entry fee) providing working capital. Distribution is direct-to-consumer via company website, phone, email, and walk-in service at the Flinkenberg 26-30 headquarters. Go-to-market is community-led, leveraging member referrals, elected representatives, and partnerships with local service providers. Revenue is diversified across ~4,287 individual tenants with no concentration risk, and the cooperative holds four consecutive BBU "Gewohnt gut" quality seals (2012, 2016, 2020, 2024) plus Creditreform CrefoZert for creditworthiness. Major capital projects include the completed Augustiner Tor (15.03M EUR, 2018–2020), the ongoing Kastanienhöfe quarter (2020–2025), and the planned Robert-Koch-Kiez redevelopment (2026–2031).

Name

Wohnungsbaugenossenschaft Schwedt EG

Legal name

WOBAG Wohnungsbaugenossenschaft Schwedt eG

Website

https://wobag-schwedt.de

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

1–10 employees

Short description

WOBAG Wohnungsbaugenossenschaft Schwedt eG is a member-owned housing cooperative in Schwedt/Oder, Brandenburg, managing approximately 4,287 apartments for 4,580 members across the Uckermark region, with specialized housing for seniors, apprentices, and care-dependent individuals.

Ownership category

akta.pro rank

Product category

Cooperative Housing

NAICS

Lessors of Residential Buildings and Dwellings (53111), Rental and Leasing Services (532), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Other Residential Care Facilities (62399)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Respite In-Home Care (Short-Term Relief) (HLADAGAH), Home & Community-Based Services (HCBS) Coordination & Case Management (HSABAIAM), Live-In Respite Care (Multi-Day) (HSABAGAC)

Keywords

• Cooperative housing services
• Residential property rental
• Member housing services
• Affordable housing solutions
• Housing association services

Headquarters

HQ city

Schwedt/Oder

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Others

Revenue model

1. Residential Rental Income: Primary revenue stream from renting approximately 4,287 apartments to members. Rent is calculated based on square meters (approximately 5.40-10.00 EUR/m² for newer properties, with subsidized rates for WBS-qualified units). Rental income funds operations, modernization, and maintenance.
2. Cooperative Membership Shares: Members purchase shares (Geschäftsanteile) of 155 EUR plus 25 EUR entry fee. Upon leaving, shares are returned. These contributions provide working capital for the cooperative.
3. Member Meeting and Administrative Fees: Revenue from member services including processing fees and contributions from housing allocation processes.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

WOBAG Schwedt is a member-owned housing cooperative (Genossenschaft) that rents approximately 4,287 apartments to its roughly 4,580 members in Schwedt/Oder, Brandenburg. It offers lifelong tenancy rights, democratic member governance, and a portfolio of specialized housing programs including apprentice housing, senior co-living, intensive-care housing, and furnished commuter apartments, along with member services, community events, and property maintenance.

Product overview

WOBAG Wohnungsbaugenossenschaft Schwedt eG is a housing cooperative offering approximately 4,287 apartments across Schwedt/Oder. The core product is standard apartment rental with lifelong tenancy rights for members. The portfolio includes specialized housing: Azubi-Wohnen (apprentice housing with reduced rent at 3.60 €/m²), Seniorenwohnen (senior co-living with Volkssolidarität), Pflegewohnen (24/7 intensive care WG with pro-Intensiv GmbH), and Z(w)eitwohnungen (furnished second residences from 550 €/month). Member services include a tenant newspaper 'Hausgemacht', MehrGenerationenHaus (multi-generational community center), Seniorentreff (senior club), Havarie-Reparaturservice (24/7 emergency), Storchenkamera (stork webcam 'Flinky'), and community events (Mitgliederradtour, Kiez-Kino, Genossenschaftstag Winter-Zauber). Current major development projects include the Kastanienhöfe Quartier (2020-2025) with 71 modernized/new apartments and Kita, the Haus Kastanienblick (18 apartments, 2024-2026) with subsidized rents, the Robert-Koch-Kiez refurbishment (2025-2031), and the completed Augustiner Tor (57 apartments, 2018-2020).

Differentiator

Problem solved

Functional benefit

Brands

• MehrGenerationenHaus: Multi-generational community center in Lindenquartier offering meeting spaces, education, and activities for all ages
• Seniorenverein WOBAG e.V.
• Hausgemacht

Products and services

• Wohnungsangebote (Standard Apartment Rental)

Quantifiable outcome

• Four consecutive 'Gewohnt gut – Fit für die Zukunft' quality awards (2012, 2016, 2020, 2024)
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Volkssolidarität UckermarkcoreStrategic or Co-development PartnerLong-term partnership for MehrGenerationenHaus operation (since 2012, federally funded) and senior living WG at Kranichsiedlung. Volkssolidarität provides care services, community programs, and intergenerational activities. WOBAG provides facilities and housing management.
• pro-Intensiv GmbHcoreStrategic or Co-development PartnerPartnership for intensive care WG (Wohngemeinschaft) at Kranichsiedlung offering 24/7 nursing care for ventilator patients, tracheostomy care, and wake coma patients. Pro-Intensiv provides specialized nursing staff while WOBAG provides accessible housing.
• Volksbank Uckermark-Randow eGcoreChannel Partner/ Reseller/ DistributorBanking tenant in Augustiner Tor commercial space, operating full-service branch in WOBAG property. Partnership supports downtown revitalization and provides convenient services for residents.
• Uckermark-Transport GmbHminorChannel Partner/ Reseller/ DistributorExclusive moving partner for WOBAG member moving bonus program. Offers discounted fixed-price moving services including packing materials, transport, insurance, and furniture lift service for members relocating within Schwedt.
• Schwedter StadtwerkecoreTechnology or IntegrationLocal utility partnership for solar energy installations and green electricity supply. WOBAG provides rooftop space for PV installations (2,000+ modules) while Stadtwerke operates systems and supplies renewable electricity for WOBAG's electric vehicle fleet.
• Stadt Schwedt/OdercoreStrategic or Co-development PartnerStrategic partnership in Stadtumbaustrategie 2030+ for urban renewal and development. City coordinates urban planning while WOBAG implements housing modernization and new construction projects including Kastanienhöfe and Robert-Koch-Kiez.
• BBU Verband Berlin-Brandenburgischer Wohnungsunternehmen e.V.coreOthersMandatory membership for legal compliance. BBU conducts statutory audit per Genossenschaftsgesetz and administers 'Gewohnt gut' quality award program. Represents cooperative housing sector interests in Berlin-Brandenburg.
• Allianz Deutschland AGminorOthersCommercial liability insurance provider for WOBAG operations. Listed in company impressum with coverage scope limited to Germany.
• NABU (Naturschutzbund Deutschland)minorOthersEnvironmental partnership recognizing WOBAG's wildflower meadow program and biodiversity initiatives. Awarded 'Bunter Meter' designation and collaborated on 'Viva la Fauna' project installing bird nesting boxes at WOBAG properties.
• Volkssolidarität UckermarkcoreStrategic or Co-development PartnerSponsoring and cooperation partner for cultural and social initiatives. Supports sport clubs, cultural venues (Theater Stolperdraht), schools, kindergartens, and social projects across Schwedt.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Others

• pro-Intensiv GmbH: Specialized intensive care operator running WOBAG's Pflegewohnen WG. Comparable as a niche care-housing operator and existing partner in WOBAG's Pflegewohnen product.
• Volkssolidarität Uckermark gGmbH: Existing strategic partner operating MehrGenerationenHaus and senior living WG within WOBAG properties. Comparable as a senior care/social services operator whose model informs WOBAG's senior housing programs.

Broad incumbents

• TAG Immobilien AG: Listed German residential property company (~85,000 units) with focus on affordable housing in northern/eastern Germany—including Brandenburg region overlapping with WOBAG's geography.
• Vonovia SE: Germany's largest residential property manager (~500,000+ units), listed, operating broadly across multiple regions. Offers scale-driven comparison for WOBAG's rental operations, though focused on private-market housing rather than cooperative structure.
• Deutsche Wohnen SE: Major German residential landlord (~140,000 units) focused on urban apartments, providing large-scale comparison for WOBAG's apartment rental and modernization business.
• LEG Immobilien SE: Listed German residential real estate company (~165,000 units), primarily in North Rhine-Westphalia. Comparable on residential rental and modernization but at much larger scale and listed structure.

Direct peers

• Wohnungsgenossenschaft 'Einheit' Potsdam eG: Brandenburg housing cooperative offering comparable member-owned residential property management in the Potsdam/Brandenburg region, structurally similar to WOBAG's cooperative model.
• Gewobag Wohnungsbauaktiengesellschaft Berlin: Berlin's largest housing company managing ~70,000 units with focus on affordable housing, modernization, and tenant services—directly comparable to WOBAG's residential cooperative model.
• HOWOGE Wohnungsbaugesellschaft mbH: Berlin-based municipal housing company managing ~80,000 apartments with similar residential property management and modernization focus as WOBAG Schwedt. Comparable cooperative-style public landlord operating in Germany.
• degewo AG: Berlin housing company managing ~75,000 apartments with focus on affordable, family-friendly, and senior-friendly housing—paralleling WOBAG's intergenerational and senior housing programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCgxq2gy9wZcBNFSGI2rtIRQ
• Facebookfacebook.com/WOBAG.Schwedt
• Instagraminstagram.com/wobag.schwedt
• LinkedInlinkedin.com/company/wohnungsbaugenossenschaft-schwedt-eg

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wohnungsbaugenossenschaft Schwedt EG